Asset Protection Attorney in Smithtown
Ensure Your Assets Are Protected with the Help of an Experienced Elder Law Attorney
When You Need to Start the Asset Protection Process
Asset protection for long term care requires advanced planning of more than five years to be effective. So, if you want to ensure that your home and assets are protected, start planning now. But, keep in mind that asset protection can be challenging and, if not done properly, extremely costly with the rising expense associated with long term care. So, start early and make sure to get help from an experienced asset protection attorney.
Learn How You Can Protect Your Assets
- Do you want to ensure that you can pay for the care you or your spouse may need?
- Are you unsure what to do with your assets?
- Do you know what steps to take to protect your home?
- Are you unsure what assets should go in a Medicaid Asset Protection Trust?
Asset Protection Planning
Asset protection planning is about preparing for your future needs and services and developing a plan to protect the assets that you have worked so hard for and preserve the eventual inheritance for your loved ones.
Medicaid Asset Protection Trusts
A Medicaid asset protection trust is a vital tool in ensuring your home and assets are protected. We assist our clients in determining what trust will meet their needs and what assets they should include in their trust. Each client’s plan is unique. Planning early is vital to Medicaid asset protection.
Home Protection Planning
For most, your home is your most valuable asset. We help our clients implement a plan to protect their home after receiving necessary services, such as home care, assisted living or nursing home care under the Medicaid program and/or avoid the costs of probate.
Crisis Planning
While advanced planning for complete asset protection is always the goal, life can take unexpected turns. When long term care is required sooner than expected or planned for, crisis planning is available to preserve a portion of one’s assets while still obtaining the care required and services covered by Medicaid. Crisis planning is very complicated and time is crucial in minimizing costs and maximizing asset protection.
Fratello Law Can Help
As a legal team with 120 years of combined experience guiding our clients through the asset protection process, we understand all of the concerns, complications and time constraints that make asset protection so difficult and emotionally draining.
You already have a lot on your plate. Let the experienced attorneys at Fratello Law help take the stress out of asset protection and ensure your loved one’s finances are handled according to your wishes.
One of Long Island’s Most Trusted
When it comes to asset protection, our experienced attorneys understand exactly what you are going through and we have the legal expertise to ensure that your loved one has a personalized asset protection plan, home protection plan, and Medicaid trust in place based on their unique needs. This is part of what makes us one of the most trusted asset protection firms in the Long Island area.
What makes Fratello Law Different?
What makes Fratello Law different is that we are one of the few firms on Long Island with elder law attorneys on staff who focus solely on asset protection. But more importantly, we treat our clients like people. We are respectful and take the time to understand your unique needs and concerns. We work efficiently and diligently to make sure you have a plan that works for you and your loved ones. This means more money in your account and less stress during your time of need. Ultimately, our goal is to build a lasting relationship with every person we work with. Contact us today to schedule a free consultation.
